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| == History == | == History == | ||
| The company was founded in 2020 by Kevin Coutinho.<ref>{{Cite web |date=2025-01-13 |title=All You Need To Know About Kevin Coutinho, The Founder of Layer One X |url=https://usethebitcoin.com/crypto-personalities/all-you-need-to-know-about-kevin-coutinho-the-founder-of-layer-one-x/ |access-date=2025-01-21 |website=usethebitcoin.com |language=en-US}}</ref> In 2023, Layer One X developed the Decentralized Interoperability. This technology helps ] (EVM) and non-EVM ] to communicate without a centralized intermediary.<ref>{{Cite web |last=Peterson |first=Stan |date=2023-02-08 |title=Layer One X: Revolutionary Layer One Solution to Connect Blockchains |url=https://coingape.com/layer-one-x-revolutionary-layer-one-solution-to-connect-blockchains/ |access-date=2025-01-21 |website=CoinGape |language=en-US}}</ref><ref name=":0">{{Cite news |title=Layer One X Makes Crypto History: Is This the End of Bridges in Crypto? |url=https://finance.yahoo.com/news/layer-one-x-makes-crypto-111008300.html |archive-url=http://web.archive.org/web/20230623150048/https://finance.yahoo.com/news/layer-one-x-makes-crypto-111008300.html |archive-date=2023-06-23 |access-date=2025-01-21 |work=Yahoo Finance |language=en-US}}</ref> This reduces the need for costly and complicated bridges needed in the transfer of assets between blockchains |
The company was founded in 2020 by Kevin Coutinho.<ref>{{Cite web |date=2025-01-13 |title=All You Need To Know About Kevin Coutinho, The Founder of Layer One X |url=https://usethebitcoin.com/crypto-personalities/all-you-need-to-know-about-kevin-coutinho-the-founder-of-layer-one-x/ |access-date=2025-01-21 |website=usethebitcoin.com |language=en-US}}</ref> In 2023, Layer One X developed the Decentralized Interoperability. This technology helps ] (EVM) and non-EVM ] to communicate without a centralized intermediary.<ref>{{Cite web |last=Peterson |first=Stan |date=2023-02-08 |title=Layer One X: Revolutionary Layer One Solution to Connect Blockchains |url=https://coingape.com/layer-one-x-revolutionary-layer-one-solution-to-connect-blockchains/ |access-date=2025-01-21 |website=CoinGape |language=en-US}}</ref><ref name=":0">{{Cite news |title=Layer One X Makes Crypto History: Is This the End of Bridges in Crypto? |url=https://finance.yahoo.com/news/layer-one-x-makes-crypto-111008300.html |archive-url=http://web.archive.org/web/20230623150048/https://finance.yahoo.com/news/layer-one-x-makes-crypto-111008300.html |archive-date=2023-06-23 |access-date=2025-01-21 |work=Yahoo Finance |language=en-US}}</ref> This reduces the need for costly and complicated bridges needed in the transfer of assets between blockchains.<ref name=":0" /><ref>{{Cite web |title=Is Layer One X's Delisting and Relisting Plan Too Little, Too Late? {{!}} HackerNoon |url=https://hackernoon.com/is-layer-one-xs-delisting-and-relisting-plan-too-little-too-late |access-date=2025-01-21 |website=hackernoon.com |language=en}}</ref> | ||
| Layer One X delisted its token from platforms like Bitmart and LBank. Layer One X announced plans to relist its token at $0.15 in January 2025.<ref>{{Cite web |title=Is Layer One X's Delisting and Relisting Plan Too Little, Too Late? {{!}} HackerNoon |url=https://hackernoon.com/is-layer-one-xs-delisting-and-relisting-plan-too-little-too-late |access-date=2025-01-21 |website=hackernoon.com |language=en}}</ref> | |||
| == References == | == References == | ||
Revision as of 07:01, 22 January 2025
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Layer One X is a blockchain protocol that allows different blockchains to connect without intermediaries. It has a proprietary virtual machine (L1X VM) that is compatible with the Ethereum Virtual Machine. This helps it to connect with over 80% of the total value locked on decentralized finance protocols.
History
The company was founded in 2020 by Kevin Coutinho. In 2023, Layer One X developed the Decentralized Interoperability. This technology helps Ethereum Virtual Machine (EVM) and non-EVM blockchains to communicate without a centralized intermediary. This reduces the need for costly and complicated bridges needed in the transfer of assets between blockchains.
References
- "This layer 1 blockchain offers a unique decentralized interoperability solution". Cointelegraph. 2023-02-11. Retrieved 2025-01-22.
- "All You Need To Know About Kevin Coutinho, The Founder of Layer One X". usethebitcoin.com. 2025-01-13. Retrieved 2025-01-21.
- Peterson, Stan (2023-02-08). "Layer One X: Revolutionary Layer One Solution to Connect Blockchains". CoinGape. Retrieved 2025-01-21.
- ^ "Layer One X Makes Crypto History: Is This the End of Bridges in Crypto?". Yahoo Finance. Archived from the original on 2023-06-23. Retrieved 2025-01-21.
- "Is Layer One X's Delisting and Relisting Plan Too Little, Too Late? | HackerNoon". hackernoon.com. Retrieved 2025-01-21.
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